Why 80% of Paths treated on initial load by DefaultVirtualPathProvider goes through a method where they can't be handled

I was tracing for a module loading error and I noticed that I get kb of trace as this one:
Orchard.FileSystems.VirtualPath.DefaultVirtualPathProvider - Path '~/Modules/Datwendo.Commerce/../../../../lib/nhibernate/NHibernate.dll' cannot be made app relative: Too many '..'